✅Q1 2024 Market Update & Outlook

Hello!

Each quarter I will send a letter to my investors in the Truffle Portfolio (a managed investment service, where I invest for them) to update them on the investment and my view of market.

I thought it will be useful for my broader community as well. So here it is.

👉Download the investors’ letter here: https://rebrand.ly/truffle1Q2024

Dear Valued Investors,

I hope this email finds you well. As we move forward into 2024, I wanted to share some key highlights from our latest investor letter, reflecting on our journey, achievements, and the path ahead.

2023 Performance Recap:

• Truffle Portfolio achieved a remarkable 43% return, outperforming the S&P 500’s 24%.

• Individual returns may vary; detailed performance is available on our portal.

On Expectations:

• While our 2023 results are commendable, it’s crucial to maintain realistic expectations for future returns.

• Historical data and our investment philosophy suggest potential average returns of 16-18%, emphasizing the importance of long-term investment focus.

2024 Outlook:

• We navigate a landscape marked by strong fundamentals against a backdrop of market skepticism, an environment ripe with investment opportunities.

• Our strategy remains steadfast in identifying undervalued, high-quality businesses, aiming for sustainable growth.

Open for Investment:

• We invite new and additional investments into Truffle Portfolio. Details for account openings and contributions are available on our website.

I encourage you to read the full investor letter for a deeper dive into our analysis, strategies, and expectations for the year ahead. Your trust and partnership are immensely valued as we continue to navigate the complexities of the market together.

👉Download the investors’ letter here: https://rebrand.ly/truffle1Q2024

Thank you for your continued support.

Regards,

Pete

Ride the wave of 23% compounded annual growth

That’s the forecasted growth rate of the smart shades between 2023-2033. And RYSE’s automated window shade tech is positioned to dominate the market. They’ve generated over 20X growth in share price for early shareholders, with significant upside remaining as they launch in over 100 Best Buy stores. Invest in the rapidly growing smart shades market →